Gross capital formation (current LCU), annual growth rate in Bahamas
Bahamas: Gross capital formation (current LCU), annual growth rate was 21.56 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Bahamas, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Bahamas recorded 21.56 % change on previous year for gross capital formation (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 292.2% on the previous year and up 50.2% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Bahamas peaked at 67.32 % change on previous year in 1997 and was at its lowest, -29.06 % change on previous year, in 2020.
Bahamas ranks 35th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate in Bahamas, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 5.83 % change on previous year | — |
| 1979 | 54.87 % change on previous year | +841.3% |
| 1980 | 67.03 % change on previous year | +22.2% |
| 1981 | 10.07 % change on previous year | -85.0% |
| 1982 | 26.04 % change on previous year | +158.5% |
| 1983 | 3.98 % change on previous year | -84.7% |
| 1984 | -5.28 % change on previous year | -232.5% |
| 1985 | 33.32 % change on previous year | -731.2% |
| 1986 | 2.38 % change on previous year | -92.9% |
| 1987 | 11.99 % change on previous year | +403.1% |
| 1990 | -3.45 % change on previous year | -128.8% |
| 1991 | -1.93 % change on previous year | -44.1% |
| 1992 | -5.16 % change on previous year | +168.0% |
| 1993 | -16.69 % change on previous year | +223.4% |
| 1994 | 16.79 % change on previous year | -200.6% |
| 1995 | 12.52 % change on previous year | -25.4% |
| 1996 | 16.05 % change on previous year | +28.3% |
| 1997 | 67.32 % change on previous year | +319.4% |
| 1998 | 19.16 % change on previous year | -71.5% |
| 1999 | 0.6836 % change on previous year | -96.4% |
| 2000 | 10.35 % change on previous year | +1413.7% |
| 2001 | -8.31 % change on previous year | -180.3% |
| 2002 | -3.82 % change on previous year | -54.1% |
| 2003 | 0.1442 % change on previous year | -103.8% |
| 2004 | -2.47 % change on previous year | -1810.4% |
| 2005 | 28.04 % change on previous year | -1237.1% |
| 2006 | 26.73 % change on previous year | -4.7% |
| 2007 | -4.93 % change on previous year | -118.4% |
| 2008 | -4.3 % change on previous year | -12.8% |
| 2009 | -9.68 % change on previous year | +125.3% |
| 2010 | 0.8963 % change on previous year | -109.3% |
| 2011 | 7.58 % change on previous year | +745.8% |
| 2012 | 10.54 % change on previous year | +39.0% |
| 2013 | -8.97 % change on previous year | -185.1% |
| 2014 | 14.36 % change on previous year | -260.0% |
| 2015 | -16.7 % change on previous year | -216.3% |
| 2016 | 5.13 % change on previous year | -130.7% |
| 2017 | 11.98 % change on previous year | +133.3% |
| 2018 | -4.18 % change on previous year | -134.9% |
| 2019 | 2.54 % change on previous year | -160.9% |
| 2020 | -29.06 % change on previous year | -1242.5% |
| 2021 | 23.05 % change on previous year | -179.3% |
| 2022 | 12.5 % change on previous year | -45.8% |
| 2023 | 5.5 % change on previous year | -56.0% |
| 2024 | 21.56 % change on previous year | +292.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.35 % change on previous year | 5.83 % change on previous year | 54.87 % change on previous year | 2 |
| 1980s | 18.69 % change on previous year | -5.28 % change on previous year | 67.03 % change on previous year | 8 |
| 1990s | 10.53 % change on previous year | -16.69 % change on previous year | 67.32 % change on previous year | 10 |
| 2000s | 3.18 % change on previous year | -9.68 % change on previous year | 28.04 % change on previous year | 10 |
| 2010s | 2.32 % change on previous year | -16.7 % change on previous year | 14.36 % change on previous year | 10 |
| 2020s | 6.71 % change on previous year | -29.06 % change on previous year | 23.05 % change on previous year | 5 |
Countries ranked near Bahamas
- 32 Sri Lanka 22.45 % change on previous year compare
- 33 Somalia 22.2 % change on previous year compare
- 34 Sierra Leone 21.8 % change on previous year compare
- 36 Jordan 21.37 % change on previous year compare
- 37 Paraguay 20.29 % change on previous year compare
- 38 Tajikistan 20.19 % change on previous year compare
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 21.56 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2681 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 10,577 current US$ per person (2024)
- Gross capital formation (current LCU), per unit of GDP 0.2681 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 10,577 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 19.77 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2364 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 9,326 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Bahamas?
- Gross capital formation (current lcu), annual growth rate in Bahamas was 21.56 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Bahamas?
- The highest recorded value was 67.32 % change on previous year in 1997.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Bahamas?
- The lowest recorded value was -29.06 % change on previous year in 2020.
- How does Bahamas rank for gross capital formation (current lcu), annual growth rate?
- Bahamas ranks 35th out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Bahamas?
- Over the last ten years it is up 50.2%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.